Ideas on innovation

At The Enlightened Economist blog, a very good review of Brian Arthur’s book “The Nature of Technology”:

(...) much of Arthur’s demystification of innovation is highly desirable and warranted. Rather than being an isolated moment of intuition, innovation is usually the product of experience, careful articulation of problems and the organised exercise of reasoning imagination in looking for new connections between inherited building blocks of thought and technique.

Indeed it is always important to remember that, despite the magical aura, innovation has an evolutionary nature - even when it is revolutionary.